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Eyeing financial epicenter...School hostage drama...Sentencing for theater killer


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TOKYO (AP) — Shares in China, Hong Kong and Japan are seesawing Wednesday as investors hope days of volatility will ease. China on Tuesday cut a key interest rate in hopes of shoring up growth. U.S. stocks rebounded in initial trading Tuesday but profit takers dumped stocks right before the closing bell, sending the Dow more than 200 points into negative territory.

PHILIPPI, W.Va. (AP) — A prosecutor in West Virginia says she plans to file charges against a 14-year-old boy who held 29 students and a teacher at gunpoint at a high school. State police say the student took a handgun into a second-floor classroom at Barbour High in the town of Philippi (FIHL'-ih-pee). There were no injuries.

CENTENNIAL, Colo. (AP) — A Colorado judge will formally sentence convicted theater shooter James Holmes on Wednesday. Holmes was found guilty of killing 12 people and wounding dozens more. By law, Holmes will be sentenced to life without parole because a jury couldn't agree on the death penalty. Still, he could be sentenced to up to 3,318 additional years on attempted murder convictions.

WASHINGTON (AP) — Hillary Rodham Clinton will be joined on the campaign trail Wednesday in Iowa by a member of President Barack Obama's Cabinet. Agriculture Secretary Tom Vilsack is endorsing Clinton and says she is "battle-tested."

LOS ANGELES (AP) — A new Directors Guild of America study finds that female directors are getting slightly more work in TV series and outlets. Women directed 16 percent of the nearly 4,000 episodes that aired last season, a year-to-year increase of 2 percent. Minorities, both men and women, directed 18 percent of episodes, a 1 percent dip. The industry has long been under scrutiny for a lack of diversity.

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